Purchase of Entire Interest. The Transferring Member shall not be required to transfer less than the entire Company interest proposed for sale to the Company and the Members under this Section 8.11 of this Agreement; it being understood that the Company must purchase the entire Company interest proposed for sale or waive its rights under this Section 8.11 of thisAgreement.
Appears in 2 contracts
Samples: Series Limited Liability Company Operating Agreement, Series Limited Liability Company Operating Agreement
Purchase of Entire Interest. The In no event shall the Transferring Member shall not be required to transfer less than the entire Company interest proposed for sale to the Company and the Members under this Section 8.11 Sub Article 9.4 of this Agreement; it being understood that the Company must purchase the entire Company interest proposed for sale or waive its rights under this Section 8.11 Sub Article 9.4 of thisAgreementthis Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Purchase of Entire Interest. The In no event shall the Transferring Member shall not be required to transfer less than the entire Company interest Interest proposed for sale to the Company and the Members under this Section 8.11 SubArticle 9.4 of this Agreement; it being understood that the Company must purchase the entire Company interest Interest proposed for sale or waive its rights under this Section 8.11 SubArticle 9.4 of thisAgreementthis Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Miller Petroleum Inc)